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US Spot Bitcoin (BTC) ETFs Post $636 Million Single-Day Outflow

US Spot Bitcoin (BTC) ETFs Post $636 Million Single-Day Outflow

United States spot ETF flows for Bitcoin (BTC) reversed hard on Thursday, October 22: after three straight sessions of net creations worth about $1.075 billion, the funds recorded $635.6 million of net outflows in a single day, giving back roughly 59% of the prior run. The issuer creation and redemption activity marked a sharp turnaround for the asset class, which had seen significant accumulation over the preceding trading days.

This content was first published on COINOTAG: https://en.coinotag.com/bitcoin-btc-etf-636-million-single-day-outflow

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